Quantem has announced a project to more than double the diesel storage capacity at its Pelican Point terminal in Adelaide, South Australia. The $56 million project will add 90,000 cubic metres of new diesel storage capacity for the fuel industry in South Australia while creating local employment opportunities during construction.
Quantem is the leading independent bulk liquid storage and handling company throughout Australia and New Zealand and provides bulk liquid storage solutions across a network of 12 strategic locations with a total installed storage capacity of more than 600,000 cubic metres.
Quantem has appointed engineering and construction company, Saunders International, to design and construct three 30,000 cubic metre diesel storage tanks and associated interconnecting piping at the Pelican Point terminal.
The project is supported by Quantem’s successful funding application under the Australian Government’s Boosting Australia’s Diesel Storage Program. Investing in Australia’s diesel storage capacity will help protect against future supply chain disruptions and will help the industry to meet new minimum stockholding obligations introduced as one of the measures in the Fuel Security Act (2021). This safeguard is essential for Australia’s energy security as diesel currently underpins our critical infrastructure, transport and industries, as well as the ability to respond to critical emergencies.
Quantem Managing Director and Chief Executive Officer Nick Moen said: “This project is a critical component of enhancing Australia’s domestic fuel security and safeguarding future supplies for the country’s transport sector and industrial supply chains which are vital to Australia’s infrastructure requirements.
“As the leader in bulk liquid storage and handling in Australia and New Zealand, we are pleased to play our part in supporting these important initiatives with this project.”
Andrew Brewer, Ampol Executive General Manager Fuel Supply Chain said: “We are proud to work with Quantem and Saunders to enhance our supply chain in South Australia, while strengthening fuel security in Australia. As the nation’s leader in transport fuels, this project will further enable the safe and reliable supply of quality fuel products to our customers well into the future.”
Saunders’ Managing Director & Chief Executive Officer, Mark Benson said: “This project is a great example of the high-quality, fast-tracked results that can be achieved with early collaboration between client and contractor.
“Saunders’ multi-disciplinary in-house engineering and operational teams worked closely with Quantem to value engineer, optimise constructability and conduct a full lifecycle analysis on the project. Together, we were able to proactively manage risk and unlock extra value for our client – this was a fantastic result and an impressive team effort.”
Construction is expected to commence in the fourth quarter of 2023, with project commissioning expected by the second quarter 2025.